Articles – Iraq's economic centerhttp://en.economiciraq.com
Iraq's economic centerThu, 24 May 2018 17:20:58 +0000en-UShourly1https://wordpress.org/?v=4.9.6The Central Bank gives the Qi card 24 hours to pay the salaries of employees and retireeshttp://en.economiciraq.com/2018/05/22/the-central-bank-gives-the-qi-card-24-hours-to-pay-the-salaries-of-employees-and-retirees/
http://en.economiciraq.com/2018/05/22/the-central-bank-gives-the-qi-card-24-hours-to-pay-the-salaries-of-employees-and-retirees/#respondTue, 22 May 2018 19:05:54 +0000http://en.economiciraq.com/?p=11943The Central Bank of Iraq gave the International Company for smart card “QiCard” 24 hours to pay the salaries of employees and retirees, while carrying the legal consequences in the event of failure to implement the resolution. And through a document issued by the Central Bank of Iraq that the company gave the global smart […]]]>

The Central Bank of Iraq gave the International Company for smart card “QiCard” 24 hours to pay the salaries of employees and retirees, while carrying the legal consequences in the event of failure to implement the resolution.

And through a document issued by the Central Bank of Iraq that the company gave the global smart card “Key Card” 24 hours to pay the salaries of employees and retirees held salaries in the bank and take the necessary regulatory action for that.

]]>http://en.economiciraq.com/2018/05/22/the-central-bank-gives-the-qi-card-24-hours-to-pay-the-salaries-of-employees-and-retirees/feed/0Ministry of Planning: annual inflation index decreased by 1.3%http://en.economiciraq.com/2018/05/20/ministry-of-planning-annual-inflation-index-decreased-by-1-3/
http://en.economiciraq.com/2018/05/20/ministry-of-planning-annual-inflation-index-decreased-by-1-3/#respondSun, 20 May 2018 19:01:21 +0000http://en.economiciraq.com/?p=11937Iraqi Economic Center – Baghdad The Ministry of Planning announced on Sunday that the annual inflation index decreased by 1.3%, while the inflation index stabilized during the month of April, where the annual inflation rate for the period from April 2017 to the same month of the current year 2018 decreased by 1.3%, as the […]]]>

Iraqi Economic Center – Baghdad
The Ministry of Planning announced on Sunday that the annual inflation index decreased by 1.3%, while the inflation index stabilized during the month of April, where the annual inflation rate for the period from April 2017 to the same month of the current year 2018 decreased by 1.3%, as the decline Food and non-alcoholic beverages recorded a decline of 4.1%. The Housing Department recorded a decrease of 1.6%, while the Communications Department also decreased by 0.5%.

The general index for the month of April maintained the same level in the rate of monthly change in the whole of Iraq, because of the stability that led to the rise in the prices of some sections of the basket of goods against the decline of others.

Stability is due to a 0.2% decline in the tobacco division, a 0.6% decline in the housing sector, and a 0.5% increase in food and non-alcoholic beverages.

]]>http://en.economiciraq.com/2018/05/20/ministry-of-planning-annual-inflation-index-decreased-by-1-3/feed/0The Ministry of Electricity succeeds in supplying all polling stations throughout Iraqhttp://en.economiciraq.com/2018/05/12/the-ministry-of-electricity-succeeds-in-supplying-all-polling-stations-throughout-iraq/
http://en.economiciraq.com/2018/05/12/the-ministry-of-electricity-succeeds-in-supplying-all-polling-stations-throughout-iraq/#respondSat, 12 May 2018 12:42:10 +0000http://en.economiciraq.com/?p=11876Iraqi Economic Center – Follow-up / Baghdad Under the direction and follow-up of the Minister of Electricity Eng. Qassem Mohammed Fahdawi, the Ministry was able to provide all polling stations in the capital Baghdad and the provinces with electric power, on Saturday, 12/5/2018, to ensure the success of the voting process for the elections of […]]]>

Iraqi Economic Center – Follow-up / Baghdad

Under the direction and follow-up of the Minister of Electricity Eng. Qassem Mohammed Fahdawi, the Ministry was able to provide all polling stations in the capital Baghdad and the provinces with electric power, on Saturday, 12/5/2018, to ensure the success of the voting process for the elections of the Iraqi Council of Representatives ..
The Ministry of Electricity announced that it had mobilized all its engineering and technical staff in its three sectors (production, transport and distribution) and in a rotation manner to ensure the continuity of the national electricity system in order to ensure the smooth flow of the ballot and to provide a sound electoral environment. .
The teacher pointed out that the low loads on electricity after the disruption of official hours in government departments, and the prohibition of roaming vehicles, contributed significantly to the provision of electricity, which contributed to the achievement of full processing.

]]>http://en.economiciraq.com/2018/05/12/the-ministry-of-electricity-succeeds-in-supplying-all-polling-stations-throughout-iraq/feed/0Gold sees its lowest fall in two weekshttp://en.economiciraq.com/2018/04/24/gold-sees-its-lowest-fall-in-two-weeks/
http://en.economiciraq.com/2018/04/24/gold-sees-its-lowest-fall-in-two-weeks/#respondTue, 24 Apr 2018 12:19:32 +0000http://en.economiciraq.com/?p=11730Gold prices fell to their lowest level in two weeks, amid tight trading in a tight range for the day while the dollar rose on US Treasury yields. Where gold fell in spot trade by about 0.1 percent to 1334.11 dollars an ounce by 06:49 GMT, having earlier reached the lowest level since April 10 […]]]>

Gold prices fell to their lowest level in two weeks, amid tight trading in a tight range for the day while the dollar rose on US Treasury yields.
Where gold fell in spot trade by about 0.1 percent to 1334.11 dollars an ounce by 06:49 GMT, having earlier reached the lowest level since April 10 at 1331.70 dollars.

In futures trading in the US, gold fell 0.2 percent to $1336.30 an ounce.

The dollar traded near a two-week high against a basket of major currencies on Monday.

]]>http://en.economiciraq.com/2018/04/24/gold-sees-its-lowest-fall-in-two-weeks/feed/0Rafidain determines the monthly payment of the five and ten million dollars for the education staffhttp://en.economiciraq.com/2018/04/23/rafidain-determines-the-monthly-payment-of-the-five-and-ten-million-dollars-for-the-education-staff/
http://en.economiciraq.com/2018/04/23/rafidain-determines-the-monthly-payment-of-the-five-and-ten-million-dollars-for-the-education-staff/#respondMon, 23 Apr 2018 12:26:27 +0000http://en.economiciraq.com/?p=11723Al-Rafidain Bank announced that it will set the monthly premium of 10 million and 5 million dinars for employees of the Ministry of Education. Where the bank’s information office said that “the monthly installment of the five million dinars to the employees of the Ministry of Education was set at 120 thousand dinars per month […]]]>

Al-Rafidain Bank announced that it will set the monthly premium of 10 million and 5 million dinars for employees of the Ministry of Education.
Where the bank’s information office said that “the monthly installment of the five million dinars to the employees of the Ministry of Education was set at 120 thousand dinars per month and ten million dinars 241 thousand dinars per month”
It is worth mentioning that the loan period is 60 months.

In addition, the employee whose nominal salary is more than 500 thousand dinars will be granted an advance of ten million, while the employee whose nominal salary is less than 500 thousand dinars will be given an advance of five million dinars.

On April 18, Rafidain Bank launched a ten million dinar advance for employees of the Ministry of Education through an electronic card.

]]>http://en.economiciraq.com/2018/04/23/rafidain-determines-the-monthly-payment-of-the-five-and-ten-million-dollars-for-the-education-staff/feed/0Iraq earns an international resolution to rebuild Mosul and re-establish archaeological sites in the countryhttp://en.economiciraq.com/2018/04/17/iraq-earns-an-international-resolution-to-rebuild-mosul-and-re-establish-archaeological-sites-in-the-country/
http://en.economiciraq.com/2018/04/17/iraq-earns-an-international-resolution-to-rebuild-mosul-and-re-establish-archaeological-sites-in-the-country/#respondTue, 17 Apr 2018 19:40:30 +0000http://en.economiciraq.com/?p=11702UNESCO adopts Iraqi resolution to revive Mosul The Iraqi Ambassador to UNESCO Mahmoud Mulla Khalaf announced on Tuesday, April 17, 2018, the adoption of the resolution by Iraq to revive the city of Mosul, including educational and cultural institutions and monuments, as well as schools and universities. “Iraq presented at the UNESCO meeting a draft […]]]>

UNESCO adopts Iraqi resolution to revive Mosul
The Iraqi Ambassador to UNESCO Mahmoud Mulla Khalaf announced on Tuesday, April 17, 2018, the adoption of the resolution by Iraq to revive the city of Mosul, including educational and cultural institutions and monuments, as well as schools and universities.
“Iraq presented at the UNESCO meeting a draft resolution on behalf of the Arab Group and with the initiative and support of the Director General of the Organization Audrey Ozlai, where several meetings were held with it before the decision,” Khalaf said in a press statement.
He pointed out that “all countries have expressed their willingness to contribute to the reconstruction of the relics in Iraq and to provide material and moral support during the meeting of the Executive Office of UNESCO, where Japan, Italy, the European Union, Sweden, Spain and the United Arab Emirates are ready to contribute, and this meeting is complementary to the Kuwait Conference held in February to Reconstruction of areas liberated from terrorism “.
“The projects have been launched according to the countries that adopt them, as Japan has confirmed its readiness to adopt a number of projects and Italy as well and thus means financing under the supervision of the authorities and experts from UNESCO and the Ministry of Culture and Education and Higher Education each according to its competence. Another initiative will also be discussed in the Executive Council on ( Fund A) based in Switzerland where there is a project to revive the Museum of Mosul submitted by the Ministry of Culture of Iraq with UNESCO project one.

]]>http://en.economiciraq.com/2018/04/17/iraq-earns-an-international-resolution-to-rebuild-mosul-and-re-establish-archaeological-sites-in-the-country/feed/0The Agency of French expertise declares its readiness to implement investment projects in Iraqhttp://en.economiciraq.com/2018/04/16/the-agency-of-french-expertise-declares-its-readiness-to-implement-investment-projects-in-iraq/
http://en.economiciraq.com/2018/04/16/the-agency-of-french-expertise-declares-its-readiness-to-implement-investment-projects-in-iraq/#respondMon, 16 Apr 2018 20:39:05 +0000http://en.economiciraq.com/?p=11683The delegation of the French Agency for international technical expertise, on Monday, the readiness of their companies to enter the Iraqi market and the implementation of investment projects in the field of urban. The Ministry of Construction, Housing, Municipalities and Works said in a statement, followed by the Iraqi Economic Center, that Minister Anne Nafie […]]]>

The delegation of the French Agency for international technical expertise, on Monday, the readiness of their companies to enter the Iraqi market and the implementation of investment projects in the field of urban.
The Ministry of Construction, Housing, Municipalities and Works said in a statement, followed by the Iraqi Economic Center, that Minister Anne Nafie Oussi discussed during a meeting with a delegation of the French Agency for international expertise to promote joint cooperation in the field of urban.
He added that during the meeting, they discussed ways to enhance joint cooperation between the two countries in the implementation of urban projects and infrastructure and contribute to the reconstruction of liberated areas and all the provinces and discuss investment opportunities and provide all possible facilities for the entry of French and foreign companies to Iraq in order to promote the advanced civil progress Welcome to the delegation to open the prospect of cooperation With new French companies.
He explained that the ministry continues its service efforts in the liberated governorates and the rest of the provinces to improve their service and urban status, stressing that the ministry is working to develop its technical capabilities through the participation of international companies and the transfer of the experiences of developed countries in the field of reconstruction and services to improve the level of urban and service in line with the requirements of the current phase of the country .
The statement said that the ministry has a vision for the reconstruction of the old city on the right side of the city of Mosul because of the privacy and depth of the historical and cultural heritage, which requires that the reconstruction of the steps and mechanisms well thought out and careful to preserve the historical and heritage features to come back with the most impressive images according to the latest planning standards And the need for housing and serve its people. As for the areas of Nineveh Plain, the Ministry’s service efforts continue to improve the level of services in it and work to enhance the confidence of its people and maintain its demographic structure.
On the other hand, the delegation expressed the readiness of French companies to enter the Iraqi market and implement investment projects in the field of urban construction, based on the French companies have the potential and capabilities to implement strategic projects in various sectors of infrastructure and completion according to the latest international technical specifications and timings set for them.

]]>http://en.economiciraq.com/2018/04/16/the-agency-of-french-expertise-declares-its-readiness-to-implement-investment-projects-in-iraq/feed/0The Iraqi Ministry of Planning announces that the rate of inflation during March decreasedhttp://en.economiciraq.com/2018/04/16/the-iraqi-ministry-of-planning-announces-that-the-rate-of-inflation-during-march-decreased/
http://en.economiciraq.com/2018/04/16/the-iraqi-ministry-of-planning-announces-that-the-rate-of-inflation-during-march-decreased/#respondMon, 16 Apr 2018 12:07:03 +0000http://en.economiciraq.com/?p=11673The Ministry of Planning announced on Monday that the rate of inflation during the month of March decreased by 0.3 percent compared to the previous February, and the annual inflation rate for the period from March 2017 to the same month of this year decreased by 0.8 percent %). The official spokesman of the Ministry […]]]>

The Ministry of Planning announced on Monday that the rate of inflation during the month of March decreased by 0.3 percent compared to the previous February, and the annual inflation rate for the period from March 2017 to the same month of this year decreased by 0.8 percent %).
The official spokesman of the Ministry of Planning, Abdul-Zahra al-Hindawi, said in a statement that the reasons for the decrease in monthly inflation were due to the decrease in the rates of tobacco and transport by (0.2%) each, housing by (1%), , 3%) each and the Restaurants section decreased by (0.1%)
He added that the process of collecting prices for the month of March last included all Iraqi provinces except Nineveh province, which was not covered by the process because of the prevailing conditions, indicating that the reasons for the decline in annual inflation rate during the period from March 2017 to March of this year (0.8%) is due to The Department of Education increased by (0.8%), the health department increased by (1.7%), and the education section increased by (2.9%), ), And miscellaneous goods and services increased by 2.2%.

]]>http://en.economiciraq.com/2018/04/16/the-iraqi-ministry-of-planning-announces-that-the-rate-of-inflation-during-march-decreased/feed/0Egypt and Jordan signed an agreement to liberalize trade in services between Arab countrieshttp://en.economiciraq.com/2018/04/13/egypt-and-jordan-signed-an-agreement-to-liberalize-trade-in-services-between-arab-countries/
http://en.economiciraq.com/2018/04/13/egypt-and-jordan-signed-an-agreement-to-liberalize-trade-in-services-between-arab-countries/#respondFri, 13 Apr 2018 09:33:13 +0000http://en.economiciraq.com/?p=11625Egypt and Jordan signed on Thursday the agreement on the liberalization of trade in services between Arab countries on the sidelines of the opening session of the Economic and Social Council at the preparatory level of the Council of the Arab League at the level of the 29th regular summit. This brings the number of […]]]>

Egypt and Jordan signed on Thursday the agreement on the liberalization of trade in services between Arab countries on the sidelines of the opening session of the Economic and Social Council at the preparatory level of the Council of the Arab League at the level of the 29th regular summit.
This brings the number of signatories to ten Arab countries: Egypt, Saudi Arabia, UAE, Qatar, Oman, Morocco, Lebanon, Sudan, Yemen and Jordan.
This agreement will enter into force after ratification by three Arab countries.
The Assistant Secretary-General for Economic Affairs of the Arab League, Ambassador Kamal Hassan Ali, said the importance of the agreement was to complete the liberalization of trade in services in the framework of the Greater Arab Free Trade Area after the completion of the liberalization of trade in goods.
He added that the agreement aims to open the field of investment in specific service sectors to investors from the member countries of the Convention so that investors from Member States have the right to invest in service sectors.
The agreement aims to liberalize trade in services among Arab countries on a gradual basis after 12 years of negotiations called the “Beirut Round,” indicating that the agreement seeks to promote the interests of the parties on the basis of mutual benefit and balance between rights and duties, In this regard and taking into consideration the situation of the least developed Arab countries.

]]>http://en.economiciraq.com/2018/04/13/egypt-and-jordan-signed-an-agreement-to-liberalize-trade-in-services-between-arab-countries/feed/0Iraq maintains 37th place globally in gold reserveshttp://en.economiciraq.com/2018/04/12/iraq-maintains-37th-place-globally-in-gold-reserves/
http://en.economiciraq.com/2018/04/12/iraq-maintains-37th-place-globally-in-gold-reserves/#respondThu, 12 Apr 2018 11:59:30 +0000http://en.economiciraq.com/?p=11619The World Gold Council said Thursday that the world’s reserves of gold rose in April, and that Iraq remained the 37th in the world and fifth in the Arab world reserves. “The world’s reserves of gold rose for the month of April by 54 tons from the month of March to reach 33 thousand and […]]]>

The World Gold Council said Thursday that the world’s reserves of gold rose in April, and that Iraq remained the 37th in the world and fifth in the Arab world reserves.
“The world’s reserves of gold rose for the month of April by 54 tons from the month of March to reach 33 thousand and 827 tons,” the Council said in a statistical publication on its website, followed by the Iraqi Economic Center that “the United States still ranks first in the world in terms of these Reserves amounted to 8.133.5 tons, followed by Germany with 3.373 tons.
The Council added that “Iraq has maintained the rank of 37 in the world in terms of these reserves out of the 100 countries listed in international financial statistics of the global reserves of gold, while Iraq also maintained the fifth place in the Arab world, after it came after Saudi Arabia, Lebanon, Algeria and Libya.”
The Council noted that “Iraq’s gold reserves remained stable, recording 89.8 tons, which represents 7.8% of the rest of the other currencies,” noting that “the last purchase of Iraq from gold was in April 2014, where he bought 15.16 tons.”
On January 23, 2014, the Central Bank decided to set up a series of pure gold bullion ranging between 50 g and 1000 g for sale to gold dealers, investors and segments of the society wishing to do so in Iraqi dinar.